1 00:01:13,954 --> 00:01:13,954 WELCOME BACK TO "SQUAWK BOX," EVERYBODY. 2 00:01:13,956 --> 00:01:22,596 FRIDAY WAS A HUGE DAY WHERE YOU SAW THE DOW DOWN BY ALMOST 400 3 00:01:22,597 --> 00:01:27,468 POINTS, AND S&P FUTURES ARE DOWN BY 18 AND THE NASDAQ DOWN BY 48 4 00:01:27,470 --> 00:01:30,370 AS EVERYBODY AWAITS THE FED MEETING NEXT WEEK. 5 00:01:30,372 --> 00:01:36,242 JOINING US ON THE PHONE AS PROMISED, PRESIDENTIAL 6 00:01:36,244 --> 00:01:37,810 CANDIDATE, DONALD TRUMP. GOOD MORNING. 7 00:01:37,812 --> 00:01:42,615 I THINK IT WAS -- IT WAS NOT THE ONLY TIME, IT WAS LAST WEEK 8 00:01:42,617 --> 00:01:46,286 OR IN THE LAST COUPLE WEEKS YOU MADE THE POINT THAT IN YOUR VIEW 9 00:01:46,288 --> 00:01:50,890 YOUR OPPONENT, HILLARY CLINTON, DIDN'T HAVE THE STAMINA EITHER 10 00:01:50,892 --> 00:01:54,749 MENTALLY OR PHYSICALLY TO BE PRESIDENT, AND GIVEN YESTERDAY'S 11 00:01:54,751 --> 00:02:01,367 EVENT, AND I AM SURE YOU DON'T TAKE ANY SATISFACTION IN WHAT WE 12 00:02:01,369 --> 00:02:11,229 SAW YESTERDAY, BUT WOULD YOU SAY THAT YOU WERE PROBABLY CORRECT 13 00:02:11,231 --> 00:02:14,521 IN YOUR ASSESSMENT? WELL, I DON'T TAKE 14 00:02:14,523 --> 00:02:16,610 SATISFACTION, JOE, AND FRANKLY, YOU KNOW, I HOPE SHE GETS WELL 15 00:02:16,612 --> 00:02:20,716 AND I HOPE SHE GETS WELL SOON, BUT, YOU KNOW, IT WAS QUITE SAD 16 00:02:20,718 --> 00:02:21,684 TO BE HONEST WITH YOU. I HOPE SHE GETS WELL SOON. 17 00:02:21,686 --> 00:02:25,391 NO SATISFACTION, BELIEVE ME, WHATSOEVER. 18 00:02:25,393 --> 00:02:32,824 I THINK I DON'T KNOW, BECAUSE I HAVE NOT KEPT TRACK OF YOUR 19 00:02:32,826 --> 00:02:35,815 ENTIRE SCHEDULE, BUT IT'S A GRUELING PROCESS WHAT YOU ARE 20 00:02:35,817 --> 00:02:38,378 GOING THROUGH AND YOU ARE ON A PLANE LOT NOW, AND -- 21 00:02:38,380 --> 00:02:46,312 I AM. AND IT'S NOT EASY GIVING 22 00:02:46,314 --> 00:02:46,401 HOUR-LONG SPEECHES DAY AFTER DAY AFTER DAY, SO IT'S GRUELING AND 23 00:02:46,403 --> 00:02:48,582 I THINK YOUR SCHEDULE HAS BEEN MORE GRUELING THAN THE ONE SHE 24 00:02:48,584 --> 00:02:54,261 IS PURSUING, AND THAT HAS BEEN DOCUMENTED? 25 00:02:54,263 --> 00:02:53,539 IT HAS BEEN AND IT HAS BEEN A VERY TOUGH SCHEDULE. 26 00:02:53,541 --> 00:02:58,906 YOU GO FROM ONE CITY, WE ARE GOING FROM PENNSYLVANIA, OHIO, 27 00:02:58,908 --> 00:03:01,529 FLORIDA AND ALL OVER OVER THE NEXT, YOU KNOW, DAY OR SO AND 28 00:03:01,531 --> 00:03:05,365 YOU GO TO A LOT OF DIFFERENT WORK -- YOU ARE NOT PUTTING UP A 29 00:03:05,367 --> 00:03:09,535 LOT OF MONEY TO FUND MY CAMPAIGN SO THE FUND-RAISING NOT A BIG 30 00:03:09,537 --> 00:03:12,705 DEAL BUT TURNED OUT TO BE AMAZING BECAUSE WE HAVE THE 31 00:03:12,707 --> 00:03:15,175 INTERNET, AND IT'S CALLED NEW WORLD FUND-RAISING AND MILLIONS 32 00:03:15,177 --> 00:03:19,78 AND MILLIONS OF DOLLARS ARE COME INTO THE CAMPAIGN IN SMALL DOSES 33 00:03:19,80 --> 00:03:23,317 BY SMALL DONORS. WE HAVE, I THINK IT'S AVERAGING 34 00:03:23,319 --> 00:03:30,57 $61 WE HAVE TAKEN IN, JUST A TREMENDOUS NUMBERS OF DOLLARS 35 00:03:30,59 --> 00:03:32,326 WHICH NO REPUBLICAN HAS BEEN ABLE TO DO BEFORE. 36 00:03:32,328 --> 00:03:36,529 IN JUNE I THINK WE TOOK IN $27 MILLION, AND NOW WE ARE TAKING 37 00:03:36,531 --> 00:03:39,533 IN MUCH MORE THAN THAT AND WE ARE RAISING A GREAT DEAL OF 38 00:03:39,535 --> 00:03:42,802 MONEY, INCLUDING WE ARE BEING HELPED BY WONDERFUL DONORS. 39 00:03:42,804 --> 00:03:47,106 BUT IT HAS BEEN -- AGAIN, IT'S MONEY GOING TO THE REPUBLICAN 40 00:03:47,108 --> 00:03:50,744 PARTY MORE SO THAN ME. I WILL SAY, JOE, IT HAS BEEN AN 41 00:03:50,746 --> 00:03:54,113 INTERESTING PROCESS, BUT ITS GRUELING WORK AND THERE'S NO 42 00:03:54,115 --> 00:04:01,265 QUESTION ABOUT IT. THAT'S MY POINT. 43 00:04:01,267 --> 00:04:05,279 THERE'S A LONG WAY TO GO AND THERE'S THE DEBATES, AND LOT OF 44 00:04:05,281 --> 00:04:08,287 TRAVEL INVOLVED. I WOULD THINK WE WILL HAVE -- I 45 00:04:08,289 --> 00:04:12,791 DON'T KNOW IF SHE IS GOING TO RELEASE MORE RECORDS OR HOW THE 46 00:04:12,793 --> 00:04:15,564 CLINTON CAMPAIGN DECIDES TO DEAL WITH THIS, BUT IT WILL ALL COME 47 00:04:15,566 --> 00:04:28,250 OUT AT SOME POINT BECAUSE IT'S SO GRUELING THAT IF SOMEBODY IS 48 00:04:28,252 --> 00:04:29,882 NOT WELL IT WILL BE TOUGH TO GO THROUGH THE PROCESS. 49 00:04:29,884 --> 00:04:33,855 WELL, IT IS. WHAT WAS INTERESTING, BECAUSE 50 00:04:33,857 --> 00:04:35,728 THEY SAY PNEUMONIA ON FRIDAY BUT SHE WAS COUGHING BADLY A WEEK 51 00:04:35,730 --> 00:04:38,171 AGO OR EVEN BEFORE THAT IF YOU REMEMBER, AND THIS WAS NOT THE 52 00:04:38,173 --> 00:04:40,549 FIRST TIME. IT'S INTERESTING TO SEE WHAT IS 53 00:04:40,551 --> 00:04:43,483 GOING ON. I WANT HER TO GET BETTER AND I 54 00:04:43,485 --> 00:04:47,104 WANT HER TO GET OUT THERE AND I LOOK FORWARD TO SEEING HER IN 55 00:04:47,106 --> 00:04:50,766 THE DEBATE. I WILL SAY THIS, WITH THE 56 00:04:50,768 --> 00:04:55,585 SCHEDULING, IF YOU LOOK AT MY SCHEDULING AND COMPARED TO 57 00:04:55,587 --> 00:04:58,286 ANYBODY ELSE'S SCHEDULING, THERE'S NOT A CONTEST. 58 00:04:58,288 --> 00:05:00,663 I HAVE FOUND THE WHOLE CHALLENGE TO BE VERY INVIGORATING. 59 00:05:00,665 --> 00:05:01,946 IT'S ABOUT MAKING AMERICA GREAT AGAIN, AND THAT'S WHAT WE ARE 60 00:05:01,948 --> 00:05:01,29 DOING. SO MANY THINGS THAT CAN HAPPEN. 61 00:05:01,31 --> 00:05:04,588 FOR ONE THING WE HAVE TO GET THE BUSINESS TAXES DOWN. 62 00:05:04,590 --> 00:05:06,388 YOU KNOW, I SPEAK TO YOUR VIEWERS WHEN I SAY THAT, BUT WE 63 00:05:06,390 --> 00:05:09,622 ARE BRINGING THE RATE DOWN FROM 35% TO 15%, AND BUSINESSES WON'T 64 00:05:09,625 --> 00:05:14,727 BE LEAVING OUR COUNTRY ANYMORE AND BUSINESSES ARE GOING TO BE 65 00:05:14,730 --> 00:05:18,269 REINVIGORATED AND IT WILL BE A GREAT THING TO WATCH, AND NOT 66 00:05:18,271 --> 00:05:21,134 SINCE REAGAN HAS ANYBODY PROPOSED ANYTHING LIKE THIS. 67 00:05:21,136 --> 00:05:26,498 JUST HAD ONE OF OUR FREQUENT GUESTS ON, AND I THINK HE BRINGS 68 00:05:26,500 --> 00:05:31,510 UP A GOOD POINT. HE ASKED ME TO ASK YOU ABOUT 69 00:05:31,513 --> 00:05:36,615 POINT HE WAS MAKING THAT BIG BUSINESS AND BUSINESS ACROSS THE 70 00:05:36,618 --> 00:05:45,217 BOARD SEEMS TO HAVE TROUBLE FINDING ITS VOICE NOW WITH A LOT 71 00:05:45,219 --> 00:05:49,786 OF THE COUNTRY, AND WE KNOW THAT THE PRIVATE SECTOR, BIG BUSINESS 72 00:05:49,788 --> 00:05:50,821 AND SMALL BUSINESS, THAT'S WHERE THE JOBS COME FROM. 73 00:05:50,823 --> 00:05:54,442 WHY DO YOU THINK THAT IS? I KNOW YOU TALK ABOUT FAIR TRADE 74 00:05:54,444 --> 00:05:59,226 AS WELL AS FREE TRADE, AND DO YOU THINK THE RHETORIC ON BOTH 75 00:05:59,229 --> 00:06:02,600 SIDES OF THE CAMPAIGN HAS CAUSED THERE OR ARE THERE ANY OTHER 76 00:06:02,602 --> 00:06:04,444 REASONS BUSINESSES ARE HELD IN DISREGARD AT THIS POINT? 77 00:06:04,446 --> 00:06:09,415 I LISTIN TO MARK, AND HE'S RIGHT, BUSINESS HAS LOST ITS 78 00:06:09,417 --> 00:06:13,186 VOICE AND TAXES ARE TOO HIGH, AND THIS IS A LITTLE SURPRISING 79 00:06:13,188 --> 00:06:18,290 IN WHAT I FIND AND GOING AROUND TO ALL OVER, BIG BUSINESS AND 80 00:06:18,292 --> 00:06:22,395 SMALL BUSINESS, I AM MEETING EVERYBODY, AND WHAT I FIND IS 81 00:06:22,398 --> 00:06:27,299 MORE DISCONCERTING TO BUSINESS REGULATIONS, AND IF YOU WOULD 82 00:06:27,302 --> 00:06:31,138 HAVE TOLD ME BUSINESS REGULATIONS WOULD BE MORE 83 00:06:31,140 --> 00:06:35,976 IMPORTANT THAN A BIG TAX PAINT AND IF YOU WOULD HAVE SAID 84 00:06:35,978 --> 00:06:38,511 REGULATIONS ARE MORE IMPORTANT THAN THAT AND I WOULD HAVE SAID 85 00:06:38,514 --> 00:06:40,946 NO WAY. REGULATION IS MUCH MORE 86 00:06:40,949 --> 00:06:44,316 IMPORTANT TO THE BUSINESS THAN EVEN THE BIG TAX CUT. 87 00:06:44,319 --> 00:06:47,320 I AM SO SURPRISED BY IT. WHEN YOU THINK ABOUT IT, YOU CAN 88 00:06:47,322 --> 00:06:51,211 THINK TO UNDERSTAND IT. BUSINESSES ARE BEING PUT OUT OF 89 00:06:51,213 --> 00:06:54,677 BUSINESS BY REGULATIONS AND EVERY DAY NEW REGULATIONS COME 90 00:06:54,679 --> 00:06:58,54 DOWN, AND I AM NOT ONLY TALKING ABOUT SMALL BUSINESS I AM 91 00:06:58,56 --> 00:07:02,462 TALKING ABOUT MASSIVE BUSINESSES TELLING ME, DONALD, YOU HAVE TO 92 00:07:02,464 --> 00:07:05,471 DO SOMETHING, THEY ARE PUTTING US OUT OF BUSINESS. 93 00:07:05,473 --> 00:07:09,542 THE ENERGY BUSINESS, THEY ARE MAKING IT IMPOSSIBLE FOR THEM TO 94 00:07:09,545 --> 00:07:14,346 COMPETE IT'S SO ONEROUS, BUT THAT'S -- IT'S ALMOST LIKE IT 95 00:07:14,348 --> 00:07:20,653 HAS BECOME A BUSINESS, THE BI S BUSINESS OF CREATION OF 96 00:07:20,656 --> 00:07:24,123 REGULATION AND THE BUSINESS OF REGULATION IS TURNING OUT TO BE 97 00:07:24,126 --> 00:07:29,774 A BIG BUREAUCRACY, AND I AM GOING TO KNOCK THE HELL OUT OF 98 00:07:29,776 --> 00:07:34,501 IT. WE NEED FOR SAFETY AND 99 00:07:34,503 --> 00:07:36,436 ENVIRONME ENVIRONMENT, CERTAIN RULES AND 100 00:07:36,438 --> 00:07:43,658 REGULATION AND THEY ARE A GOOD THING, BUT ABOUT 80% OF IT, THEY 101 00:07:43,661 --> 00:07:52,8 ARE TOTALLY UNNECESSARY. IT MAKES IT HARD TO COMPETE -- 102 00:07:52,10 --> 00:07:59,44 IT'S LIKE NEVER CLEAN OUT YOUR REFRIGERATOR AFTER THE 103 00:07:59,46 --> 00:08:04,819 EXPIRATION DATE. IT'S HUNDREDS OF BILLIONS OF 104 00:08:04,821 --> 00:08:11,383 DOLLARS THAT HAVE BEEN ADDED TO BUSINESS COSTS OVER THE EIGHT 105 00:08:11,385 --> 00:08:20,987 YEARS OR SO. YOU REFERRED TO WHAT MARK 106 00:08:20,989 --> 00:08:21,724 WEINBERGER WAS JUST SAYING. HE DOESN'T ENDORSE ONE CANDIDATE 107 00:08:21,726 --> 00:08:23,424 OR THE OTHER BUT HE SAID THE BUSINESS COMMUNITY IS CONCERNED 108 00:08:23,426 --> 00:08:26,339 BECAUSE THEY ARE NOT HEARING ENOUGH ABOUT THINGS ABOUT TRADE 109 00:08:26,341 --> 00:08:28,939 OR IMMIGRATION OR HEARING ABOUT THINGS THEY WANT TO HEAR. 110 00:08:28,941 --> 00:08:31,694 HOW DO YOU REASSURE SOME OF THE GLOBAL LEADERS THAT IT'S 111 00:08:31,696 --> 00:08:34,399 SOMETHING THAT YOU ARE WORKING ON AND YOU WILL HAVE POLICIES 112 00:08:34,401 --> 00:08:34,895 AND WILL REFLECT WHAT THEY WANT TO SAY? 113 00:08:34,897 --> 00:08:41,263 I WOULD LOVE TO SPEAK TO MARK DIRECTLY IF HE WOULD WANT, BUT I 114 00:08:41,265 --> 00:08:42,369 THINK I ADDRESSED TRADE -- I DON'T THINK HE LIKED WHAT 115 00:08:42,371 --> 00:08:45,5 YOU SAID. I AMOUNT KING OF ILLEGAL 116 00:08:45,7 --> 00:08:47,573 IMMIGRATION AND I WILL STOP IT AND NOBODY TALKS ABOUT IT MORE 117 00:08:47,575 --> 00:08:51,611 THAN I DO, AND WE HAVE TO STOP IT, AND NOT ONLY IMMIGRATION, 118 00:08:51,613 --> 00:08:54,580 BUT THE DRUGS. OUR YOUTH IS BEING POISENED AND 119 00:08:54,583 --> 00:08:58,851 YOU GO TO PLACES LIKE NEW HAMPSHIRE, HEROIN, IT COMES FROM 120 00:08:58,854 --> 00:09:02,221 THE SOUTHERN BORDER AND YOU GO TO OHIO, AS AN EXAMPLE, AND I 121 00:09:02,223 --> 00:09:06,825 WAS THERE TWO DAYS AGO AND THE BIGGEST COMPLAINT THEY HAVE IS 122 00:09:06,828 --> 00:09:15,635 WHAT IS POURING IN. NOBODY TALKS ABOUT IT MORE THAN 123 00:09:15,637 --> 00:09:20,406 I DO, AND IT'S MY ISSUE, AND HILLARY CLINTON WANTS TO HAVE 124 00:09:20,408 --> 00:09:26,546 OPEN BORDERS AND LET WHOEVER WANTS TO COME IN COME IN AND LET 125 00:09:26,548 --> 00:09:30,783 THE DRUGS POUR IN. I AM A FREE TRADER, FIRST OF 126 00:09:30,786 --> 00:09:34,620 ALL, AND I THINK JOE KNOWS THAT AND YOU KNOW THAT, BUT I WANT TO 127 00:09:34,622 --> 00:09:43,268 MAKE GOOD TRADE DEALS. A LOT OF TIMES I WILL SAY WE 128 00:09:43,270 --> 00:09:47,821 HAVE TO RENEGOTIATE NAFTA, WHICH IS A DISASTER FOR OUR COUNTRY. 129 00:09:47,823 --> 00:09:49,186 NAFTA IS THE WORSE TRADE DEAL EVERY MADE NOT IN THIS COUNTRY, 130 00:09:49,188 --> 00:09:52,506 BUT THE HISTORY OF THE WORLD. IT HAS TRAINED OUR COUNTRY OF 131 00:09:52,508 --> 00:09:58,682 BUSINESSES. WHAT I WANT TO DO IS RENEGOTIATE 132 00:09:58,684 --> 00:10:00,27 NAFTA. WHEN PEOPLE HEAR THAT, THEY SAY 133 00:10:00,29 --> 00:10:03,948 I AM AGAINST TRADE BUT I AM NOT AGAINST TRADE BUT I WANT TO MAKE 134 00:10:03,950 --> 00:10:06,919 GOOD DEALS. NAFTA IS A ONE-WAY STREET INTO 135 00:10:06,921 --> 00:10:13,113 MEXICO AND OTHER PLACES, NOTHING COMES THROUGH HERE, AND IT'S A 136 00:10:13,115 --> 00:10:15,28 ONE-WAY STREET TO THE POOR HOUSE. 137 00:10:15,30 --> 00:10:19,966 WE ARE LOSING BUSINESS ON A DAILY BASIS, AND MEXICO IS THE 138 00:10:19,968 --> 00:10:23,2 EIGHTH WONDER OF THE WORLD. AND I HAVE A FRIEND THAT TELLS 139 00:10:23,5 --> 00:10:26,406 ME NEW PLANTS, AND HE TELLS ME THE PLANTS HE IS BUILDING IN 140 00:10:26,408 --> 00:10:30,888 MEXICO ARE UNBELIEVABLE WHAT IS HAPPENING AND I SAID HOW ARE WE 141 00:10:30,890 --> 00:10:33,947 DOING IN THE UNITED STATES, AND HE SAID NOT SO GOOD, IT'S 142 00:10:33,949 --> 00:10:36,882 TERRIBLE. I WANT TO RENEGOTIATE TRADE 143 00:10:36,885 --> 00:10:40,219 DEALS AND MAKE THEM GREAT. WE SHOULD BE HAPPY ABOUT THAT 144 00:10:40,221 --> 00:10:45,591 AND NOT UPSET ABOUT THAT. SPEAKING OF MEXICO, YOUR 145 00:10:45,593 --> 00:10:49,361 RECENT VISIT THERE, AFTERWARDS THE FINANCE MINISTER RESIGNED 146 00:10:49,364 --> 00:10:52,598 AND STEPPED DOWN IN WHAT WAS SEEN AS A HUGE HIT TO THE 147 00:10:52,601 --> 00:10:56,302 PRESIDENT THERE. AND HE WAS A GUY EDUCATED IN THE 148 00:10:56,304 --> 00:11:06,445 UNITED STATES AND IF YOU TALK TO OTHERS, HE WAS PAVING THE WAY 149 00:11:06,447 --> 00:11:12,552 AND ARE YOU SORRY TO SEE HIM GO? LUIS WAS A GREAT GUY AND HE 150 00:11:12,554 --> 00:11:16,435 SAID I WAS DOING WELL IN THE CAMPAIGN, AND WE ARE DOING WELL 151 00:11:16,437 --> 00:11:19,291 IN THE SWING STATES AND WE ARE LEADING IN MANY POLLS AND WE ARE 152 00:11:19,294 --> 00:11:23,129 LEADING IN THE OVERALL POLLS AND CNN JUST CAME OUT WITH A NUMBER 153 00:11:23,131 --> 00:11:28,227 THAT I AM LEADING BY TWO POINTS OVERALL AND WE ARE DOING VERY 154 00:11:28,229 --> 00:11:32,724 WELL AND I THINK WE ARE GOING TO START TO DO BEYOND THAT. 155 00:11:32,726 --> 00:11:36,185 WE HAVE A TREMENDOUS SCHEDULE TO GO, AND EVEN TODAY I AM GOING TO 156 00:11:36,187 --> 00:11:41,295 THREE DIFFERENT STATES. YOU KNOW, LUIS SAW THAT, AND HE 157 00:11:41,297 --> 00:11:44,35 WANTED TO ARRANGE A MEETING AND I THINK IT WAS A VERY POSITIVE 158 00:11:44,37 --> 00:11:44,670 MEETING. I THINK THEY LOST A TREMENDOUS 159 00:11:44,672 --> 00:11:55,493 TALEN THE WITH HIM AND I BELIEVE HE WILL BE BACK IN MEXICO, I 160 00:11:55,495 --> 00:11:59,938 REALLY DO, AND I BELIEVE HE WILL BE BACK AT A HIGH LEVEL. 161 00:11:59,940 --> 00:12:02,339 HE'S A REALLY GOOD GUY AND A REALLY GOOD TALENT. 162 00:12:02,341 --> 00:12:06,803 I THINK THAT -- I THINK HE PROBABLY GOT A LOT OF PUBLICITY 163 00:12:06,805 --> 00:12:06,431 AND IT WAS GOOD FOR OUR COUNTRY THE MEETING I HAD AND IT WAS 164 00:12:06,433 --> 00:12:13,264 VERY GOOD FOR THE UNITED STATES AND PERHAPS IT WAS NOT GOOD FOR 165 00:12:13,266 --> 00:12:15,896 MEXICO BUT MEXICO HAS TO UNDERSTAND IT'S NOT A ONE-WAY 166 00:12:15,898 --> 00:12:17,518 STREET. WE HAVE TO GET SOMETHING OUT OF 167 00:12:17,520 --> 00:12:22,47 THE DEALS ALSO. WE ARE GETTING NOTHING. 168 00:12:22,49 --> 00:12:31,360 SHIFTING GEARS TO, YOU KNOW, OUR BREAD AND BUTTER, AND THAT'S 169 00:12:31,362 --> 00:12:32,197 BUSINESS ISSUES AND THE FED. YOU MADE COMMENTS A WEEK OR TWO 170 00:12:32,200 --> 00:12:37,870 ABOUT ARTIFICIAL MARKETS, AND MAYBE AS A REAL ESTATE GUY YOU 171 00:12:37,872 --> 00:12:43,909 SAID I LIKE LOW INTEREST RATES, AND I THINK I DON'T KNOW WHETHER 172 00:12:43,911 --> 00:12:50,250 YOUR POSITION SHIFTED A LITTLE BECAUSE THE FED HAS BEEN LOW FOR 173 00:12:50,252 --> 00:12:54,254 SO LONG AND EVERYBODY THINKS IT'S NOT DOING THAT MUCH AND ARE 174 00:12:54,256 --> 00:12:57,690 THEIR NEGATIVE AFFECTS AND DID YOU COME TO THE CONCLUSION THAT 175 00:12:57,692 --> 00:13:00,893 MAYBE IT CAN'T STAY AT ZERO FOREVER AND WHAT DO YOU THINK 176 00:13:00,895 --> 00:13:03,896 THEY SHOULD DO IN SEPTEMBER? IT'S STAYING AT ZERO BECAUSE 177 00:13:03,898 --> 00:13:08,0 SHE'S OBVIOUSLY POLITICAL AND DOING WHAT OBAMA WANTS HER TO DO 178 00:13:08,2 --> 00:13:12,304 AND I KNOW THAT'S NOT SUPPOSED TO BE THE WAY IT IS, BECAUSE 179 00:13:12,307 --> 00:13:16,208 THAT'S WHY IT'S LOW, AND AS SOON AS THEY GO LOW THE STOCK MARKET 180 00:13:16,210 --> 00:13:20,145 WILL GO WAY DOWN, AND DON'T FORGET, I CALLED BREXIT AND DID 181 00:13:20,148 --> 00:13:24,49 A LOT OF CALLING AND WHAT THEY ARE DOING IS, I BELIEVE IT'S A 182 00:13:24,52 --> 00:13:27,687 FALSE MARKET. MONEY IS ESSENTIALLY FREE. 183 00:13:27,689 --> 00:13:31,523 I DON'T INVEST IN THE STOCK MARKET AND I THINK YOU SAW THE 184 00:13:31,526 --> 00:13:46,882 STOCKS I BOUGHT, AND I BOUGHT A LOT OF STOCK AND I AM NOT A 185 00:13:46,884 --> 00:13:53,378 STOCK MARKET GUY, AND I BOUGHT IT BECAUSE I DID NOT USE FREE 186 00:13:53,380 --> 00:13:57,52 MONEY, AND THE STOCKS WENT WAY UP AND THEN I SOLD THEM BECAUSE 187 00:13:57,54 --> 00:14:01,579 WHEN I DID THIS, WHEN I DECIDED TO DO THIS I FIGURED MAYBE 188 00:14:01,581 --> 00:14:04,872 THERE'S A CONFLICT OF INTEREST, WHO KNOWS, AND WITH THEM THEY 189 00:14:04,874 --> 00:14:07,62 ACCUSE YOU WITH ANYTHING SO I FIGURED I WOULD SALE, AND 190 00:14:07,64 --> 00:14:07,696 ANYBODY COULD HAVE MADE MONEY. I THINK THEY ARE KEEPING THEM 191 00:14:07,698 --> 00:14:10,715 DOWN AND THEY WILL KEEP THEM DOWN LONGER AND ANY ANY CREASE 192 00:14:10,717 --> 00:14:12,770 AT ALL WILL BE A VERY, VERY SMALL INCREASE, JOE, BECAUSE, 193 00:14:12,773 --> 00:14:13,502 YOU KNOW, THEY WANT TO KEEP THE MARKET UP SO OBAMA GOES OUT AND 194 00:14:13,504 --> 00:14:16,329 LET THE NEW GUY, WHOEVER -- LET'S CALL IT A NEW GUY, YOU 195 00:14:16,331 --> 00:14:18,36 KNOW, BECAUSE I LIKE THE SOUND OF THAT MUCH BETTER, BUT THE NEW 196 00:14:18,38 --> 00:14:22,208 PERSON BECOMES PRESIDENT, LET HIM RAISE INTEREST RATES OR HER 197 00:14:22,210 --> 00:14:25,177 RAISE INTEREST RATES AND WATCH WHAT HAPPENS TO THE STOCK MARKET 198 00:14:25,179 --> 00:14:27,545 WHAT THAT HAPPENS BECAUSE YOU HAVE NO CHOICE. 199 00:14:27,547 --> 00:14:31,502 THE PEOPLE THAT WERE HURT THE WORST ARE PEOPLE THAT SAVED 200 00:14:31,505 --> 00:14:33,986 THEIR MONEY ALL THEIR LIVES AND THOUGHT THEY WOULD LIVE OFF 201 00:14:33,989 --> 00:14:37,390 THEIR INTERESTS AND THOSE PEOPLE ARE GETTING CREAMED. 202 00:14:37,392 --> 00:14:40,659 THE ONES THAT DID IT RIGHT, THEY SAVED THEIR MONEY AND CUT DOWN 203 00:14:40,661 --> 00:14:44,596 ON THEIR MORTGAGES AND DID ALL THE THINGS THEY DID EXACTLY 204 00:14:44,598 --> 00:14:47,799 RIGHT, AND NOW THEY ARE GETTING PRACTICALLY ZERO INTEREST ON THE 205 00:14:47,802 --> 00:14:50,903 MONEY THEY WORKED SO HARD FOR OVER 40 YEARS. 206 00:14:50,906 --> 00:15:05,936 I MEAN, THOSE PEOPLE HAVE REALLY BEEN -- YOU CAN ALMOST SAY 207 00:15:05,938 --> 00:15:08,802 DISCRIMINATED AGAINST. THE INTEREST RATES ARE KEPT DOWN 208 00:15:08,804 --> 00:15:11,978 BY PRESIDENT OBAMA. I HAVE NO DOUBT THAT THAT'S THE 209 00:15:11,980 --> 00:15:16,785 REASON THEY ARE BEING KEPT DOWN. WHAT MAKES YOU THINK THAT? 210 00:15:16,787 --> 00:15:19,187 AS A REAL ESTATE PERSON, I LOVE IT. 211 00:15:19,189 --> 00:15:24,161 BUT FOR THE LAST 14 MONTHS I HAVE NOT BEEN ACTIVE -- I DO RUN 212 00:15:24,163 --> 00:15:28,543 MY BUSINESS AND SPEND A LOT OF TIME ON MY BUSINESS, I HAVE TO 213 00:15:28,545 --> 00:15:31,167 BE HONEST WITH YOU BECAUSE I AM RUNNING A CAMPAIGN AND BUSINESS, 214 00:15:31,169 --> 00:15:34,517 WHICH IS NOT SO EASY, BUT I CERTAINLY HAVE NOT DONE AS MANY 215 00:15:34,519 --> 00:15:36,895 DEALS AS I WOULD NORMALLY DO, BUT I LOVE LOW INTEREST RATES, 216 00:15:36,898 --> 00:15:37,194 BUT FOR THE COUNTRY SOMETHING HAS TO HAPPEN. 217 00:15:37,196 --> 00:15:37,665 I DON'T THINK IT'S GOING TO HAPPEN VERY MUCH BECAUSE HE 218 00:15:37,667 --> 00:15:40,483 WANTS TO GO OUT AND HE WANTS TO PLAY GOLF FOR THE REST OF HIS 219 00:15:40,485 --> 00:15:43,789 LIFE AND HE DOESN'T CARE WHAT IS GOING TO HAPPEN AFTER JANUARY. 220 00:15:43,791 --> 00:15:46,706 LET'S SAY, DONALD, THAT WE DO SOME OF THIS AND LET'S SAY WE 221 00:15:46,708 --> 00:15:49,62 CUT TAXES, AND WE CAN'T FIND ENOUGH WASTE IN THE GOVERNMENT 222 00:15:49,64 --> 00:15:53,366 TO PAY FOR EVERYTHING, AND WE DO INFRASTRUCTURE AND WE HAVE THIS 223 00:15:53,368 --> 00:15:56,903 INCREDIBLE, YOU KNOW, DEFICIT RUN-UP TO WHERE WE ARE PAYING 224 00:15:56,905 --> 00:16:02,474 INTERESTS ON THAT. IF RATES GO UP, WHAT ARE WE 225 00:16:02,476 --> 00:16:07,145 GOING TO DO? IT'S GOING TO BE MUCH MORE 226 00:16:07,148 --> 00:16:09,215 EXPENSIVE FOR WHAT WE HAVE ALREADY DONE? 227 00:16:09,217 --> 00:16:11,851 IT'S A PROBLEM FOR THE COUNTRY AND WE ARE TALKING ABOUT 228 00:16:11,853 --> 00:16:17,356 RATES THAT ARE PRACTICALLY AT ZERO, IF I REFINANCE SOMETHING I 229 00:16:17,359 --> 00:16:26,826 GET MONEY FOR ALMOST NOTHING. TO A CERTAIN EXTENT, IT'S 230 00:16:26,828 --> 00:16:32,430 WONDERFUL, I LOVE IT AND I AM GETTING AS MUCH LONG-TERM STUFF 231 00:16:32,432 --> 00:16:37,404 I CAN AND I HAVE LITTLE DEBT, BUT I WILL TELL YOU THIS, JOE, 232 00:16:37,406 --> 00:16:42,189 AT SOME POINT IF RATES EVER GO UP TO A MORE NATURAL LEVEL, YOU 233 00:16:42,191 --> 00:16:45,797 KNOW, THESE ARE THE LOWEST RATES IN HISTORY, AND IF RATES GO UP, 234 00:16:45,799 --> 00:16:49,550 WE HAVE $20 TRILLION, YOU KNOW, AND WE DOUBLED OUR DEBT UNDER 235 00:16:49,552 --> 00:16:53,743 OBAMA, DOUBLED IT. EXACTLY, BY THE TIME HE LEAVES 236 00:16:53,745 --> 00:16:56,258 IT WILL MORE THAN HAVE DOUBLED IN EIGHT YEARS, AND IN EIGHT 237 00:16:56,260 --> 00:16:58,276 YEARS WE DOUBLED WHAT HAPPENED IN HUNDREDS OF YEARS, THINK OF 238 00:16:58,278 --> 00:16:59,842 IT. WE DOUBLED THE DEBT OVER THE 239 00:16:59,844 --> 00:17:03,457 LAST EIGHT-YEAR PERIOD, AND THE WORST PART, WE HAVE NOT GOT 240 00:17:03,459 --> 00:17:06,961 ANYTHING WITH IT, WE HAVE NOT REBUILT BRIDGES OR HIGHWAYS OR 241 00:17:06,963 --> 00:17:21,768 AIRPORTS AND OUR AIRPORTS ARE A DISASTER AND ROADWAYS AND 242 00:17:21,770 --> 00:17:22,443 TUNNELS ARE DANGEROUS. THE WHOLE THING IS A MESS. 243 00:17:22,445 --> 00:17:29,91 WE ARE $20 TRILLION AND OUR INFRASTRUCTURE IS A DISASTER, 244 00:17:29,93 --> 00:17:29,763 AND WE SPENT $6 TRILLION IN THE MIDDLE EAST, AND WE COULD HAVE 245 00:17:29,765 --> 00:17:34,406 REBUILT OUR COUNTRY TWICE, AND THAT'S BECAUSE IT WAS RUN BY 246 00:17:34,407 --> 00:17:35,35 POLITICIANS THAT DON'T HAVE A CLUE AND OUR COUNTRY IS IN 247 00:17:35,36 --> 00:17:38,185 TROUBLE. IT'S ONE THING IF WE HAD $20 248 00:17:38,187 --> 00:17:41,703 TRILLION AS CRAZY AS THAT NUMBER S. BUT OUR ROADS ARE NEW AND 249 00:17:41,704 --> 00:17:44,443 BRIDGES ARE BEAUTIFUL, AND MANY OF THEM ARE IN DANGER OF FALLING 250 00:17:44,445 --> 00:17:47,213 DOWN AND YOU SEE THE REPORTS AND IT'S A SAD THING WHAT IS GOING 251 00:17:47,214 --> 00:17:49,348 ON. WE HAVE A COUNTRY THAT NEEDS 252 00:17:49,349 --> 00:17:52,261 MASSIVE INVESTMENT AND AT THE SAME TIME WE ARE AT $20 253 00:17:52,263 --> 00:17:56,407 TRILLION. MR. TRUMP, CAN I GO BACK TO 254 00:17:56,409 --> 00:17:58,243 THE FED FOR JUST A MOMENT. YES. 255 00:17:58,245 --> 00:18:01,965 WHAT YOU SAID ABOUT JANET YELLEN ABOUT HOW SHE IS DOING 256 00:18:01,967 --> 00:18:06,604 WHAT OBAMA WANTS HER TO DO, THAT PLAYS INTO A STREAM THAT WE HAVE 257 00:18:06,606 --> 00:18:12,244 SEEN FROM THE LEFT AS WELL, AND JUST LAST WEEK SENATOR ELIZABETH 258 00:18:12,245 --> 00:18:14,406 WARREN WAS WORKING WITH A GROUP CALLED FED UP AND THEY ARE 259 00:18:14,408 --> 00:18:17,977 TRYING TO PUT CONSTRAINTS ON THE FED AND GET THEIR ARMS AROUND IT 260 00:18:17,979 --> 00:18:21,146 A LITTLE MORE AND IN A TRUMP ADMINISTRATION WOULD YOU PUT 261 00:18:21,148 --> 00:18:24,150 MORE CONSTRAINTS ON THE FED AS WELL? 262 00:18:24,151 --> 00:18:30,67 WHAT I WOULD WANT TO DO IS HAVE A POLICY -- I WOULDN'T GO 263 00:18:30,69 --> 00:18:35,203 BY WHAT POCAHONTAS WANTS YOU TO DO, BECAUSE HER AGENDA IS 264 00:18:35,205 --> 00:18:38,274 OBVIOUS, AND SHE'S A DISASTER AND ONE OF THE LEAST EFFECTIVE 265 00:18:38,276 --> 00:18:41,110 SENATORS IN THE UNITED STATES SENATE, AND NOBODY UNDERSTANDS 266 00:18:41,112 --> 00:18:44,970 THAT, BUT SHE'S DONE NOTHING. I WOULD WANT TO HAVE A POLICY 267 00:18:44,972 --> 00:18:50,642 WHERE WE CAN START TO AT LEAST GENTLY REDUCE DEBT AND GET 268 00:18:50,644 --> 00:18:53,245 THINGS UNDER CONTROL, BECAUSE RIGHT NOW IT'S NOT UNDER 269 00:18:53,247 --> 00:18:55,46 CONTROL. WHAT HAPPENS IF INTEREST RATES 270 00:18:55,48 --> 00:18:59,918 GO UP FAIRLY SUBSTANTIALLY AND WITH ALL OF THE MONEY WE HAVE 271 00:18:59,920 --> 00:19:04,156 AND ARE BORROWING, DO YOU KNOW WHAT THAT DOES TO OUR BALANCE 272 00:19:04,158 --> 00:19:06,892 SHEET? OBVIOUSLY, IT'S HUGE. 273 00:19:06,894 --> 00:19:13,96 AND THE RATES ARE CRAZY LOW INTEREST RATES, AND THEY ARE NOT 274 00:19:13,98 --> 00:19:16,45 ALWAYS GOING TO BE THIS WAY BECAUSE OF MARKET AND MARKET 275 00:19:16,46 --> 00:19:19,533 COMPETITION, AND WHAT WILL HAPPEN WHEN INTEREST RATES GO 276 00:19:19,535 --> 00:19:20,929 UP? THEY WILL GO UP. 277 00:19:20,931 --> 00:19:26,618 I WAS THERE WITH JIMMY CARTER WHEN THE RATE WAS 21% -- 278 00:19:26,619 --> 00:19:35,621 NO, I REMEMBER MY PARENTS HAD AN 18% MORTGAGE RATE AT ONE 279 00:19:35,623 --> 00:19:34,654 POINT. I THINK THE PRIME RATE WENT 280 00:19:34,656 --> 00:19:37,557 TO 21%. YOU THINK THAT CAN NEVER HAPPEN 281 00:19:37,558 --> 00:19:39,157 AGAIN. IT'S LIKE THE BASEBALL PLAYERS, 282 00:19:39,159 --> 00:19:43,129 THEY HAVE A GOOD SEASON AND THEN THOUGH GO OUT AND LIVE LIKE THEY 283 00:19:43,130 --> 00:19:46,364 ARE GOING TO HAVE A SEASON LIKE THAT FOR THE REST OF THEIR LIVES 284 00:19:46,366 --> 00:19:49,100 AND IT DOESN'T WORK OUT THAT WAY, AND THAT'S WITH A WE ARE 285 00:19:49,102 --> 00:19:52,104 DOING, WE ARE LIVING LIKE WE WILL HAVE NO INTEREST RATES, AND 286 00:19:52,105 --> 00:20:14,433 THE NUMBERS ARE SO LOW, AND SHE'S KEEPING THEM ARTIFICIALLY 287 00:20:14,435 --> 00:20:12,442 LOW TO LET OBAMA RETIRE. THIS IS A QUESTION OF FED 288 00:20:12,444 --> 00:20:16,536 INDEPENDENCE. WE HAVE A NOTION THAT THE 289 00:20:16,538 --> 00:20:17,686 FEDERAL RESERVE OPERATES INDEPENDENTLY FROM THE 290 00:20:17,688 --> 00:20:20,465 ADMINISTRATION AND CONGRESS AND THERE ARE QUESTIONS ON ALL SIDES 291 00:20:20,467 --> 00:20:24,837 SURROUNDING THE FED RIGHT NOW ABOUT PEOPLE WHO THINK THEY ARE 292 00:20:24,838 --> 00:20:29,474 NOT AND FINDING WAYS TO DO THAT, AND I GUESS THE QUESTION OF FED 293 00:20:29,476 --> 00:20:31,142 INDEPENDENCE IS THE BIGGEST I HAVE? 294 00:20:31,144 --> 00:20:36,538 I USED TO THINK THE JUSTICE DEPARTMENT WORKED INDEPENDENTLY 295 00:20:36,540 --> 00:20:39,725 ALSO AND THE FBI WAS INDEPENDENT ALSO BUT THAT'S NOT POSSIBLE 296 00:20:39,727 --> 00:20:43,322 BECAUSE HILLARY CLINTON IS GUILTY AS HELL AND EVERYBODY 297 00:20:43,323 --> 00:20:46,703 KNOWS IT AND ANY THIRD-RATE LAWYER WILL TELL YOU THAT AND 298 00:20:46,705 --> 00:20:48,760 IT'S OBVIOUS, ALL YOU HAVE TO DO IS READ AND WATCH. 299 00:20:48,762 --> 00:20:51,130 I USED TO THINK THEY WERE INDEPENDENT. 300 00:20:51,131 --> 00:20:57,302 I USED TO HOPE THAT THE FED WAS INDEPENDENT AND THE FED IS NOT 301 00:20:57,304 --> 00:20:59,204 INDEPENDENT. IT'S NOT CLOSE TO BEING 302 00:20:59,206 --> 00:21:02,441 INDEPENDENT. I GUESS YOU SAW THE MARKETS 303 00:21:02,442 --> 00:21:11,384 REACTION TO BREXIT WAS NOT WHAT ANY ECONOMIST EXPECTED, AND 304 00:21:11,385 --> 00:21:14,654 CHRISTINE SAID SHE TALKED TO ALL THE EXISTS AND IT WAS GOING TO 305 00:21:14,656 --> 00:21:20,259 BE A DISASTER IF BRITAIN VOTED TO LEAVE AND NOT ONLY HAS THE 306 00:21:20,260 --> 00:21:26,298 STOCK MARKET DONE BETTER BUT THE MATRIX HAS DONE BETTER BECAUSE 307 00:21:26,300 --> 00:21:30,670 OF THE WEAKER POUND AND EVERYTHING ELSE, AND DO YOU 308 00:21:30,671 --> 00:21:33,906 THINK THAT'S AN INDICATION, MAYBE GLOBALIZATION IS IMPORTANT 309 00:21:33,907 --> 00:21:36,741 AND THEN AGAIN SO IS LOOKING OUT FOR NUMBER ONE IN THIS CASE, 310 00:21:36,743 --> 00:21:39,612 WHETHER IT'S BRITAIN OR THE UNITED STATES, AND MAYBE THERE'S 311 00:21:39,614 --> 00:21:45,718 SOMETHING TO THAT. WELL, THEY CALL ME MR. BREXIT 312 00:21:45,719 --> 00:21:51,357 OVER THERE, AND I PREDICTED IT AND CALLED IT AND I TOOK SUCH 313 00:21:51,359 --> 00:21:55,494 HEAT YOU WOULDN'T BELIEVE IT, AND I SAID I WOULD THINK IT WAS 314 00:21:55,495 --> 00:21:59,899 PASS AND I OWN A LOT OF PROPERTY IN THE UK, AND THEY ASKED ME TWO 315 00:21:59,901 --> 00:22:04,670 WEEKS BEFORE WHEN IT WAS NOT FASHIONABLE AND I SAID I THINK 316 00:22:04,671 --> 00:22:10,9 IT WILL PASS BECAUSE PEOPLE WANT INDEPENDENCE AND THEY ARE TIRED 317 00:22:10,10 --> 00:22:14,546 OF TAKING IN PEOPLE FROM OTHER PLACES THAT WANT TO BLOW THEM 318 00:22:14,548 --> 00:22:18,384 UP, AND I THOUGHT IT WOULD PASS AND OBAMA SAID IF THEY PASSES 319 00:22:18,385 --> 00:22:21,52 THEY ARE GOING TO THE BACK OF THE LINE, WHICH I THINK HELPED 320 00:22:21,54 --> 00:22:23,723 IT PASS, IF YOU WANT TO KNOW THE TRUTH. 321 00:22:23,724 --> 00:22:26,425 YOU KNOW, THAT THE WAY IT IS. THEY WANTED INDEPENDENCE. 322 00:22:26,427 --> 00:22:30,963 I THINK IT WAS VERY SMART. I THINK THE UK IS GOING TO DO 323 00:22:30,964 --> 00:22:35,500 BETTER BECAUSE OF IT, AND THE WHOLE THING WITH THE -- YOU 324 00:22:35,502 --> 00:22:40,605 KNOW, TYING IT ALL UP LIKE THAT, IT HAS BEEN A TERRIBLE THING. 325 00:22:40,607 --> 00:22:45,77 I NEEDED CERTAIN APPROVALS ON A JOB, AND I COULDN'T -- I COULD 326 00:22:45,78 --> 00:22:50,416 GET THEM FROM THE COUNTRY BUT I COULDN'T GET THEM -- NATIONALLY 327 00:22:50,417 --> 00:22:53,853 IT WAS IMPOSSIBLE TO GET ANYTHING APPROVED AND IT WAS 328 00:22:53,854 --> 00:22:57,21 HORRIBLE, AND THE UK WANTED INDEPENDENCE AND THEY GOT IT, 329 00:22:57,23 --> 00:23:00,593 YOU KNOW, I THINK THEY WILL BE BETTER OFF FOR IT. 330 00:23:00,594 --> 00:23:03,362 IT'S A VERY SHORT PERIOD OF TIME BUT IT'S TURNING OUT TO BE 331 00:23:03,364 --> 00:23:05,630 BETTER SO FAR AND THEY ARE VERY HAPPY. 332 00:23:05,632 --> 00:23:13,72 IF A VOTE WERE TAKEN TODAY IT WOULD DO BETTER, AND THEY ARE 333 00:23:13,73 --> 00:23:17,475 VERY HAPPY ABOUT IT SKPR, AND IN BIG INVESTOR OVER THERE, I LIKE 334 00:23:17,477 --> 00:23:20,312 IT BETTER. YOU MADE COMMENTS ABOUT THE 335 00:23:20,313 --> 00:23:27,19 PRESIDENT'S RECENT TRIP TO ASIA AS WELL, AND IN TERMS OF IT NOT 336 00:23:27,20 --> 00:23:31,89 BEING AS MAYBE WELL RECEIVED AS THE, YOU KNOW, HEAD OF THE -- 337 00:23:31,91 --> 00:23:33,859 THE LEADER OF THE FREE WORLD SHOULD BE. 338 00:23:33,860 --> 00:23:42,267 ANY ADDITIONAL COMMENTS ON THAT? WHEN YOU SAY "WELL RECEIVED," 339 00:23:42,269 --> 00:23:48,607 THEY WOULD NOT EVEN GIVE HIM A CHANCE TO GET OUT OF THE 340 00:23:48,609 --> 00:23:50,609 AIRPLANE. THIS IS THE FIRST TIME THE GREAT 341 00:23:50,610 --> 00:23:54,780 AIR FORCE ONE WITH ITS INCREDIBLE HISTORY HAS LANDED 342 00:23:54,781 --> 00:23:59,151 WHERE THEY WOULD NOT GIVE HIM STAIRS TO GET OUT OF HIS 343 00:23:59,152 --> 00:24:00,286 AIRPLANE. IT WAS TERRIBLE. 344 00:24:00,287 --> 00:24:05,256 HE HAD TO GET OUT OF THE -- THEY CALL IT THE MECHANIC STAIRS, AND 345 00:24:05,258 --> 00:24:08,193 THAT'S THE STAIRS TO FIX THE PLANE WHEN SOMEBODY HAS TO RUN 346 00:24:08,195 --> 00:24:11,697 UP AND FIX A LIGHT BULB, RIGHT, AND THIS IS OUR PRESIDENT. 347 00:24:11,698 --> 00:24:16,100 BY THE WAY, SHORTLY BEFORE SHOW SHOWED OTHER HEADS OF STATE FROM 348 00:24:16,102 --> 00:24:20,939 OTHER COUNTRIES COMING DOWN ON THESE MAGNIFICENT STAIRWAYS WITH 349 00:24:20,941 --> 00:24:26,312 RED CARPET, AND HE CAME DOWN ON THE MECHANICS STAIRS, AND WHEN 350 00:24:26,313 --> 00:24:29,982 HE LANDED IN CUBA, CASTRO WAS NOT THERE TO GREET HIM. 351 00:24:29,984 --> 00:24:43,428 WHEN HE LANDED IN SAWEUDI ARABI NOBODY GREETED HIM. 352 00:24:43,430 --> 00:24:47,233 IF IT WAS ME, IF SOMEBODY WAS NOT THERE TO GREET ME, BUT OUR 353 00:24:47,234 --> 00:24:49,968 NATION, BECAUSE IT'S OUR NATION, I WOULD HAVE TOLD THE CAPTAIN, 354 00:24:49,970 --> 00:24:53,137 CLOSE UP THE DOORS AND LET'S GO TO WASHINGTON, AND THE SAME 355 00:24:53,139 --> 00:24:56,375 THING WITH SAUDI ARABIA AND THE SAME THING WITH CHINA. 356 00:24:56,376 --> 00:24:58,711 I HAVE NEVER SEEN ANYTHING LIKE IT. 357 00:24:58,713 --> 00:25:01,646 THEY WERE STANDING THERE AND WOULD NOT PROVIDE THEM WITH THE 358 00:25:01,648 --> 00:25:06,317 STAIRS AND PEOPLE WERE FIGHTING ON THE RUNWAY WITH CHINESE 359 00:25:06,319 --> 00:25:09,621 OFFICIALS AND WHAT A SIGN OF TOTAL DISRESPECT. 360 00:25:09,623 --> 00:25:14,192 IT'S LIKE THE IRANIANS RUNNING THEIR BOATS AROUND OUR 361 00:25:14,194 --> 00:25:19,63 DESTROYERS AND MAKING CRUDE GESTURES AT OUR SAILORS, AND 362 00:25:19,65 --> 00:25:22,166 IT'S LIKE THAT, AND YOU SAY, HOW DOES THAT HAPPEN? 363 00:25:22,168 --> 00:25:26,572 LIKE WHEN THEY CAPTURED OUR TEN SAILORS, JOE, AND THEY WOULD NOT 364 00:25:26,573 --> 00:25:30,375 HAVE GIVEN THEM BACK, BUT THE MONEY STARTED POURING IN AND 365 00:25:30,377 --> 00:25:34,145 THEY HAD TO GIVE THEM BACK BECAUSE THEY WANTED THE $150 366 00:25:34,147 --> 00:25:37,149 BILLION, AND THE PAYMENT STARTED TWO DAYS AFTER THAT, SO 367 00:25:37,151 --> 00:25:40,119 OBVIOUSLY THEY GAVE THEM BACK ONLY FOR THAT REASON, AND IF IT 368 00:25:40,120 --> 00:25:43,288 WERE NOT FOR THAT THEY WOULD STILL BE THERE. 369 00:25:43,290 --> 00:25:48,427 THERE'S A GREAT LACK OF RESPECT. WHAT I SAW IN CHINA WHERE THEY 370 00:25:48,428 --> 00:25:53,265 WOULD NOT PROVIDE STAEURIRS OUT AIR FORCE ONE WAS, TO ME, 371 00:25:53,266 --> 00:25:56,535 INCREDIBLE. MR. TRUMP YOU ARE KNOWN WITH 372 00:25:56,536 --> 00:26:02,6 A GREAT NEGOTIATOR, AND I WONDER WHAT YOU WOULD DO ABOUT NORTH 373 00:26:02,8 --> 00:26:04,343 KOREA? AFTER THIS LATEST NUCLEAR BOMB 374 00:26:04,344 --> 00:26:08,146 THEY SET OFF, THE LATEST I READ THIS MORNING IS THE NORTH 375 00:26:08,148 --> 00:26:10,883 KOREANS ARE SAYING THIS IS LAUGHABLE, THE IDEA OF 376 00:26:10,885 --> 00:26:14,886 ADDITIONAL SANCTIONS, AND HOW WOULD YOU GET A BETTER DEAL WHEN 377 00:26:14,888 --> 00:26:17,589 YOU ARE POTENTIALLY DEALING WITH A MAD MAN? 378 00:26:17,591 --> 00:26:22,227 WE ARE DEALING WITH A MAN THAT HAS GOT SOME DIFFICULTIES, 379 00:26:22,229 --> 00:26:27,298 NO QUESTION ABOUT IT, BUT I WILL SAY THIS, CHINA HAS TREMENDOUS 380 00:26:27,300 --> 00:26:29,767 POWER OVER NORTH KOREA, TREMENDOUS POWER, AND ALSO IRAN 381 00:26:29,769 --> 00:26:33,405 IS ONE OF THEIR BIGGEST TRADING PARTNERS. 382 00:26:33,406 --> 00:26:38,577 WHEN WE MADE THIS HORRIBLE IRAN DEAL, ONE OF THE MOST 383 00:26:38,578 --> 00:26:42,246 INCOMPETENT DEALS I HAVE SEEN, THEY SHOULD HAVE PUT IN YOU HAVE 384 00:26:42,248 --> 00:26:46,317 TO HELP US WITH NORTH KOREA BECAUSE THEY ARE ONE OF THEIR 385 00:26:46,319 --> 00:26:50,989 BIGGEST TRADING PARTNERS, AND THE ONE THAT REALLY HAS POWER 386 00:26:50,991 --> 00:26:53,659 THAT CAN CUT THEM OFF COMPLETELY IS CHINA. 387 00:26:53,661 --> 00:26:56,729 CHINA DOESN'T LIKE TO SAY THEY HAVE POWER BECAUSE THEY WANT TO 388 00:26:56,730 --> 00:27:01,400 TWEAK THE UNITED STATES, AND LOOK WHAT CHINA IS DOING, THEY 389 00:27:01,401 --> 00:27:06,838 ARE BUILDING IN THE SOUTH CHINA SEA A MILITARY FORETRUSS, AND WE 390 00:27:06,840 --> 00:27:12,77 HAVE POWER OVER CHINA BECAUSE THEY SUCK IS DRIVE, AND I HAVE 391 00:27:12,78 --> 00:27:18,484 THE BIGGEST BANK THERE HAS MY TENANT AND I HAVE GREAT 392 00:27:18,485 --> 00:27:21,719 RELATIONSHIPS WITH CHINA, AND WHAT I SAY THEY KNOW IS TRUE, 393 00:27:21,721 --> 00:27:25,723 AND THEY JUST RENEWED THE RELEASE AND I COULDN'T BELIEVE 394 00:27:25,725 --> 00:27:29,360 IT, AND THEY OBVIOUSLY LIKE THE BUILDING. 395 00:27:29,362 --> 00:27:33,232 WE HAVE TREMENDOUS POWER OVER CHINA BECAUSE THEY TAKE SO 396 00:27:33,234 --> 00:27:36,834 MUCH -- THEY SUCK SO MUCH MONEY OUT OF THE UNITED STATES. 397 00:27:36,836 --> 00:27:41,774 WE SHOULD GET CHINA TO FIX THAT PROBLEM, AND WE SHOULD USE OUR 398 00:27:41,776 --> 00:27:45,911 ECONOMIC POWER BECAUSE WITHOUT US CHINA WOULD BE IN SERIOUS 399 00:27:45,912 --> 00:27:48,947 TROUBLE. THEY HAVE -- THEY TAKE 400 00:27:48,948 --> 00:27:51,250 TREMENDOUS AMOUNTS OF DOLLARS OUT OF THE UNITED STATES AND 401 00:27:51,251 --> 00:27:58,691 WITHOUT US CHINA WOULD BE IN TREMENDOUS PROBLEMS, BUT WE 402 00:27:58,692 --> 00:28:02,728 DON'T HAVE LEADERSHIP AND PEOPLE TO GET THEM TO DO THAT AND WHEN 403 00:28:02,729 --> 00:28:05,963 YOU ASK THE CHINESE, OH, WE DON'T WANT TO GET INVOLVED. 404 00:28:05,965 --> 00:28:09,100 THEY DON'T WANT TO GET INVOLVED. IN THE MEANTIME THIS GUY IS 405 00:28:09,102 --> 00:28:12,237 DEVELOPING THE REAL DEAL. TWO YEARS AGO THEY WERE SAYING 406 00:28:12,239 --> 00:28:16,307 THEY COULDN'T LIFT THEM OFF THE ROCKET SHIPS AND NOW IT'S THE 407 00:28:16,309 --> 00:28:19,444 REAL DEAL AND I THINK HE IS BEING HELPED BY IRAN, AND I 408 00:28:19,446 --> 00:28:22,447 THINK THEY ARE BEING HELPED BY IRAN, BUT YOU LOOK AT THEIR 409 00:28:22,449 --> 00:28:25,718 TECHNOLOGY AND IT'S GETTING BETTER ALL THE TIME, AND 410 00:28:25,719 --> 00:28:32,156 SOMETHING DAMN WELL BETTER BE DONE SOON, BECAUSE ONCE HE IS 411 00:28:32,158 --> 00:28:36,594 SET, LIKE YOU SAID, HE MAY BE OR MAY NOT BE A MAD MAN, BUT HE'S 412 00:28:36,596 --> 00:28:39,797 GOT EVIL INTENTIONS, NO QUESTION ABOUT IT. 413 00:28:39,799 --> 00:28:43,135 WHEN YOU REFER TO CHINA AND THEY ARE SUCKING A LOT OUT OF US 414 00:28:43,136 --> 00:28:46,71 IN TERMS OF THE ECONOMY, BUT I BELIEVE THEY OWN THE LARGEST 415 00:28:46,72 --> 00:28:51,42 PERCENTAGE OF OUR DEBT, SO THEY HAVE A BIG CHIP WITH US AS WELL. 416 00:28:51,44 --> 00:28:54,11 IT'S ALL THE MORE POWER WE HAVE OVER THEM, AND BECAUSE OF 417 00:28:54,13 --> 00:28:57,316 THAT WE HAVE MORE POWER OVER THEM. 418 00:28:57,317 --> 00:28:59,517 YOU DO UNDERSTAND THAT RIGHT, BECKY? 419 00:28:59,519 --> 00:29:03,387 BECAUSE OF THE IDEA IF WE OWE THE BANK $100 -- 420 00:29:03,389 --> 00:29:09,728 LOOK, WE OWE CHINA $2 TRILLION, OKAY? 421 00:29:09,729 --> 00:29:13,631 $2 TRILLION. HARD TO BELIEVE, BUT THAT'S WHAT 422 00:29:13,633 --> 00:29:17,568 IT IS. THEY SUCK THE BLOOD OUT OF US 423 00:29:17,570 --> 00:29:32,785 AND WE OWE THEM MONEY. THEY ARE MAGIC UPBZ. 424 00:29:32,786 --> 00:29:35,553 YOU WON'T DEFAULT ON THE DEBT? 425 00:29:35,555 --> 00:29:38,390 NO, WE WOULD NOT. CHINA HAS DEFAULTED WITH US 426 00:29:38,391 --> 00:29:43,462 BECAUSE IF YOU LOOK AT WHAT THEY ARE DOING WITH INTELLECTUAL 427 00:29:43,463 --> 00:29:48,166 PROPERTY, $300 BILLION A YEAR. YOU LOOK WITH WHAT THEY ARE 428 00:29:48,168 --> 00:29:53,71 DOING WITH STEALING OUR INTELLECTUAL PROPERTY AND 429 00:29:53,72 --> 00:29:55,874 RIGHTS, IT'S CRAZY WHAT THEY ARE DOING. 430 00:29:55,875 --> 00:29:58,310 IT'S LIKE NO LAWS THAT PERTAIN TO THEM. 431 00:29:58,312 --> 00:30:04,550 YOU COULD MAKE A CASE IN A COURT WHAT THEY HAVE DONE TO US IS 432 00:30:04,552 --> 00:30:06,651 INCREDIBLE. AND THEN THEY COME OVER AND GET 433 00:30:06,653 --> 00:30:10,922 STEAK DINNERS, WE GIVE THEM STATE DINNERS. 434 00:30:10,924 --> 00:30:15,693 HONESTLY, IT'S A VERY SAD THING, HOW CHINA HAS OUT NEGOTIATED US, 435 00:30:15,695 --> 00:30:18,996 IT'S SAD. CHINA COULD SOLVE THE PROBLEM WE 436 00:30:18,998 --> 00:30:21,733 HAVE WITH NORTH KOREA IN ONE DAY IF THEY WANTED TO. 437 00:30:21,734 --> 00:30:25,404 WE HAVE A CAN -- I DON'T KNOW HOW MUCH TIME WE HAVE LEFT, BUT 438 00:30:25,406 --> 00:30:29,173 I WANT TO TALK ABOUT THE DEBATES AND HOW YOU ARE PREPARING FOR 439 00:30:29,175 --> 00:30:32,644 THOSE AND WHETHER YOU LIKE THE MODERATORS SELECTED? 440 00:30:32,645 --> 00:30:39,350 I WOULD LIKE TO SEE WHAT WE HAVE BEEN TALKING ABOUT, INSTEAD OF 441 00:30:39,352 --> 00:30:44,188 MAYBE ADD MOMMING STUFF, IT WOULD BE GREAT TO HAVE THE 442 00:30:44,190 --> 00:30:50,128 DISCUSSION WE JUST HAD. REAL QUICKLY ON THE WALL STREET 443 00:30:50,130 --> 00:30:53,432 JOURNAL, IF YOU ARE GOING TO GET SOMEWHAT OBJECTIVE TREATMENT YOU 444 00:30:53,433 --> 00:30:58,636 HAVE TO LOOK HERE, BUT THE HEADLINE TODAY "ARE CLINTON AND 445 00:30:58,638 --> 00:31:02,875 TRUMP HEALTHY ENOUGH TO SERVE?" . 446 00:31:02,876 --> 00:31:06,712 AT LEAST THEY ADDRESS THE CLINTON ISSUE BUT HAD TO THROW 447 00:31:06,713 --> 00:31:09,614 YOU IN THERE, TOO. THEY ALWAYS DO. 448 00:31:09,616 --> 00:31:14,19 WOULD YOU RELEASE YOUR FULL HEALTH RECORDS IF SHE RELEASES 449 00:31:14,20 --> 00:31:17,822 HERS? YOU KNOW WHAT I DID? 450 00:31:17,824 --> 00:31:21,827 YOU WOULD BE PROUD OF ME. I SAW WHAT WAS GOING ON WITH 451 00:31:21,828 --> 00:31:24,896 HER, AND I SAID I WILL DO SOMETHING AND I TOOK A PHYSICAL 452 00:31:24,898 --> 00:31:28,666 AND THIS WEEK WE ANNOUNCE THE RESULTS OF IT, THEY COME IN. 453 00:31:28,668 --> 00:31:32,803 I DID PRETTY MUCH THE WHOLE DEAL, AND BECAUSE I THINK WE 454 00:31:32,805 --> 00:31:36,340 SHOULD, I THINK WE SHOULD DO THAT, AND SO I WILL BE 455 00:31:36,342 --> 00:31:40,879 ANNOUNCING SOMETIME DURING THE WEEK I WILL HAND OUT A PAPER 456 00:31:40,880 --> 00:31:45,984 WITH VERY LARGE NUMBERS, VERY DETAILED -- HOPEFULLY GOOD 457 00:31:45,985 --> 00:31:48,186 STATISTICS. I FEEL VERY CONFIDENT, OTHERWISE 458 00:31:48,187 --> 00:31:51,322 I PROBABLY WOULD NOT BE TELLING YOU I DID THIS, RIGHT? 459 00:31:51,324 --> 00:31:56,128 I WILL BE RELEASING SOMETHING THIS WEEK IN GREAT DETAIL AS TO 460 00:31:56,130 --> 00:31:58,262 A PHYSICAL. I LIKE THAT. 461 00:31:58,264 --> 00:32:02,433 AS FAR AS THE DEBATES ARE CONCERNED, AND THE SYSTEM IS 462 00:32:02,435 --> 00:32:08,239 BEING GAMED BECAUSE EVERYBODY SAID I WON THE SO-CALLED FORUM 463 00:32:08,241 --> 00:32:11,743 THAT YOUR GROUP PUT ON, BUT THEY ALL SAID I WON AND THAT MATT 464 00:32:11,744 --> 00:32:20,918 LAUER WAS EASY ON ME, AND HE WASN'T, AND I THINK HE WAS 465 00:32:20,920 --> 00:32:25,357 PROFESSIONAL AND HAS BEEN TREATED UNFAIRLY, AND THEY ALL 466 00:32:25,359 --> 00:32:29,328 SAID I WON SO WHEN I GO INTO THE DEBATE I WILL BE TREATED 467 00:32:29,329 --> 00:32:34,633 UNFAIRLY BY THE MODERATORS. THIS IS NO DIFFERENT THAN THE 468 00:32:34,635 --> 00:32:39,104 GREAT BOBBY KNIGHT, AND HE ENDORSED ME AND I WON IN A 469 00:32:39,105 --> 00:32:41,939 LANDSLIDE AFTER GETTING HIS ENDORSEMENT AND HE WOULD DO 470 00:32:41,941 --> 00:32:44,743 NUMBERS ON THE REFEREE AND TOWARDS THE END OF THE GAME, 471 00:32:44,744 --> 00:32:48,613 THEY WOULD JUST SORT OF, YOU KNOW, MAYBE SUBCONSCIOUSLY GIVE 472 00:32:48,614 --> 00:32:50,948 HIM THE CALLS AND HE WAS A MASTER AT IT. 473 00:32:50,950 --> 00:32:53,417 WELL THEY ARE DOING THE SAME THING NOW. 474 00:32:53,419 --> 00:32:57,288 THEY ARE SAYING ABOUT HOW MATT LAUER -- HE WAS NOT NICE TO ME, 475 00:32:57,290 --> 00:33:00,791 AND HE WAS TOUGH. I ANSWERED THEM BETTER THAN SHE 476 00:33:00,793 --> 00:33:02,793 DID. THE FACT IS THEY ARE GAMING THE 477 00:33:02,795 --> 00:33:07,265 SYSTEM, AND I THINK MAYBE WE SHOULD HAVE NO MODERATOR. 478 00:33:07,266 --> 00:33:10,167 LET HILLARY AND I SIT THERE AND JUST DEBATE. 479 00:33:10,169 --> 00:33:13,838 I THINK THE SYSTEM IS BEING RIGGED SO IT'S GOING TO BE A 480 00:33:13,840 --> 00:33:17,9 VERY UNFAIR DEBATE. I CAN SEE IT HAPPENING RIGHT NOW 481 00:33:17,10 --> 00:33:19,644 BECAUSE EVERYBODY WAS SAYING HE WAS SOFT ON TRUMP AND NOW THE 482 00:33:19,645 --> 00:33:23,915 NEW PERSON IS GOING TO TRY AND BE REALLY HARD ON TRUMP JUST TO 483 00:33:23,916 --> 00:33:27,119 SHOW THE ESTABLISHMENT WHAT HE CAN DO. 484 00:33:27,120 --> 00:33:29,787 I THINK IT'S VERY UNFAIR WHAT THEY ARE DOING. 485 00:33:29,789 --> 00:33:33,657 I THINK WE SHOULD HAVE A DEBATE WITH NO MODERATOR, JUST HILLARY 486 00:33:33,659 --> 00:33:37,562 AND I SITTING THERE TALKING. MR. TRUMP, WE APPRECIATE ALL 487 00:33:37,563 --> 00:33:39,663 THE TIME YOU HAVE GIVEN US THIS MORNING. 488 00:33:39,665 --> 00:33:43,334 I KNOW YOU HAVE OTHER THINGS ON YOUR SCHEDULE, AND WE WILL TALK 489 00:33:43,336 --> 00:33:45,103 TO YOU AGAIN SOON HOPEFULLY. THANK YOU. 490 00:33:45,104 --> 00:33:46,805 THANK YOU VERY MUCH, JOE AND BECKY. 491 00:33:46,807 --> 00:33:48,306 THANK YOU. YOU ARE WELCOME.